China's iron ore importers need to keep a close eye on the country's steel mills as they mull output cuts and shutdowns amid a year-end credit crunch, the China Iron and Steel Association said Thursday. Prices of iron ore derivatives ...
A sharp upturn in demand has seen a number of analysts re-think their appraisal of the photovoltaics market in 2010. After the impact of the global credit crunch, which put the brakes on the rapid market expansion witnessed up until 2009, ...
Tags: Photonics Industry, cell prices
Recent soft economic data including falling property prices have many investors worried about a growth slowdown in China, but Platinum Asset Management sees plenty of investment opportunities. The funds manager said in a note to investors ...
Tags: China Economy
Taiwan exported US$1.5 billion worth of machinery in January, down 4.4% from the same month of 2013 due chiefly to a 31.1% decline in exports to mainland China, the biggest overseas market for the island's machinery. The Taiwan ...
Investors are second-guessing the underlying strength of the world’s two biggest economies as each faces homegrown challenges. China is still expected to maintain steady growth this year, albeit without the vim it once had. But its ...
Tags: Chinese Economies, U.S.Economies
China's Shougang Group plans to maintain its crude steel output at 33 million mt in 2014 amid uncertainties on steel prices, a company source said Friday. The state-owned steelmaker has six 2,500-cubic meter blast furnaces at Caofeidian, ...
Tags: Shougang, Crude Steel Output
With the first faint rays piercing the economic gloom after five years there is anecdotal evidence that things are beginning to warm up for lighting design. The British Chambers of Commerce released an optimistic Quarterly Economic Survey ...
Chairman AEPC, Dr A Sakthivel has expressed happiness over the growth of exports. Lauding the efforts of the exporters and Government Dr. Sakthivel said, “Apparel Exports for the month of September 2013 grew by 14.95% touching 1.11 ...
Tags: Apparel Exports, Textile
Stock markets in Moscow and copper mines in Chile appear to have little in common. But these are two spots where investors in New York and London have been pumping money borrowed on the cheap to seek out big returns. Aggressive monetary ...
Tags: Tapering Waves
As Chinese economy shows signs of picking up, analysts say shadow banking and local government debt, two major financial worries during the past few months, are less likely now to bring down the world' s second-largest economy. While ...
Tags: Local Debts, Financial Crisis
Last month’s credit crunch should be seen as part of Beijing’s effort to restrain runaway credit growth and investment and encourage consumption spending, according to the Export Finance and Insurance Corporation. The ...
Chinese banks' recent credit crunch has impacted the LED industry. More than 100 LED manufacturers have defaulted as a result in Eastern and Southern China this year. Taiwanese LED manufacturers have emerged as the beneficiaries of the ...
Tags: LED, Lights, Lighting, LED lighting
The ability of OPEC to influence the balance of crude markets is diminishing in the face of growing US oil production, with 2013 expected to be a rare instance of a year-on-year decline in the call on the producer group to maintain balanced ...
Tags: Chemicals
Many small and medium-sized enterprises took a direct hit from the bank liquidity squeeze in June, which disrupted their cash flow and boosted the cost of financing. Figures from Shanghai-based Wind Information, a financial data provider, ...
Tags: Credit Crunch, Smaller Firms
What does it take to shake the Chinese market? If stock turmoil in Shanghai and talk of bank default don't strike fear in the heart of the nation, images of a metropolis falling into a chasm will perhaps do the trick. An image from the ...
Tags: Cash Squeeze, Banks